The crypto world is undergoing a dual regulatory storm, with ongoing regulatory actions in both Hong Kong and mainland China, reshaping the market landscape! $SOL $XRP $BNB

Mainland regulation is ramping up: in 2025, the central bank, leading 13 departments, will classify stablecoins as illegal financial activities, enforcing a "full-chain blockade," cracking a large number of related cases, and blocking money laundering channels. This also aids the promotion of the digital RMB, whose cross-border payment volume has exceeded 10 trillion.
Hong Kong, on the other hand, is "replacing" USDT. Due to the issuer not meeting licensing requirements, it is restricting retail trading, raising capital thresholds, and filtering for compliant institutions, guiding stablecoin services to support the real economy.
Now, the market landscape is diverging inside and outside: stablecoin trading in the mainland is shrinking, with funds flowing to the digital RMB and others; meanwhile, Hong Kong is attracting institutions like Sequoia Capital. Under regulation, compliance is key. Stay tuned to crypto trends, grasp investment directions, and let’s move forward steadily in this compliance-driven wave!